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Saints cut Ellerbe's base salary by $7.4 million

this is a discussion within the Saints Community Forum; Originally Posted by The Dude Why would he agree to those terms? Does Loomis have blackmail on him? He was going to be released. Any new contract on his own would be for less. The Saints had an asset that ...

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Old 03-21-2015, 05:42 PM   #40
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Re: Saints cut Ellerbe's base salary by $7.4 million

Originally Posted by The Dude View Post
Why would he agree to those terms? Does Loomis have blackmail on him?
He was going to be released. Any new contract on his own would be for less. The Saints had an asset that Miami wanted badly. They valued Stills at eating $3.5 million and giving up the 3rd. On top of all of that, he had a relationship with Ireland who brought him to Miami.

He signed the old "prove it" contract with a team that wanted him coming off missing almost a full season.

No, it's not called blackmail. In business it is known as leverage.

Hail Loomis. He is the sh*t!
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